Shanghai Research Institute of Building Sciences Group Co (SHSE:603153) Accounts Payable & Accrued Expense : ¥489 Mil (As of Mar. 2024)

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What is Shanghai Research Institute of Building Sciences Group Co Accounts Payable & Accrued Expense?

Shanghai Research Institute of Building Sciences Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥665 Mil) to Dec. 2023 (¥997 Mil) but then declined from Dec. 2023 (¥997 Mil) to Mar. 2024 (¥489 Mil).

Shanghai Research Institute of Building Sciences Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥861 Mil) to Dec. 2022 (¥933 Mil) and increased from Dec. 2022 (¥933 Mil) to Dec. 2023 (¥997 Mil).

Shanghai Research Institute of Building Sciences Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Research Institute of Building Sciences Group Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shanghai Research Institute of Building Sciences Group Co Accounts Payable & Accrued Expense Chart

Shanghai Research Institute of Building Sciences Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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736.89

750.01

861.21

932.93

997.35

Shanghai Research Institute of Building Sciences Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									522.55	662.35	664.86	997.35	488.96

Shanghai Research Institute of Building Sciences Group Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Shanghai Research Institute of Building Sciences Group Co (SHSE:603153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Research Institute of Building Sciences Group Co Ltd (SHSE:603153) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 75, Wanping South Road, Xuhui, Shanghai, CHN, 200032

Website

https://www.sribs.com

Shanghai Research Institute of Building Sciences Group Co Ltd is engaged in providing services of engineering consulting, testing and design in building, transportation and the environment. The company is undertaking generic technologies research and development in building, transportation and the environment. SRIBS operates a State Enterprise Research & Development Center, two state engineering test centers, over eight ministry-level R&D platforms, and several standardization committees and service platforms as well. The services of the company include Engineering Consulting, Engineering services, Construction, and Smart manufacturing. The company's Project portfolio includes the Shanghai center tower, the nine-star city, the Pudong football stadium, and others.

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